此 乃 要 件 請 即 處 理 閣 下 如 對 本 通 函 任 何 方 面 或 應 採 取 之 行 動 有 任 何 疑 問，應 諮 詢 閣 下 的 持 牌 證 券 交 易 商 或 其 他 註 冊 證 券 商、銀 行 經 理、律 師、專 業 會 計 師 或 其 他 專 業 顧 問。 閣 下 如 已 將 名 下 煜 榮 集 團 控 股 有 限 公 司 的 股 份 全 部 售 出 或 轉 讓，應 立 即 將 本 通 函 連 同 隨 附 的 代 表 委 任 表 格 送 交 買 主 或 承 讓 人，或 經 手 買 賣 或 轉 讓 的 銀 行、持 牌 證 券 交 易 商 或 其 他 代 理 商，以 便 轉 交 買 主 或 承 讓 人。 香 港 交 易 及 結 算 所 有 限 公 司 及 香 港 聯 合 交 易 所 有 限 公 司 對 本 通 函 的 內 容 概 不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示 概 不 就 因 本 通 函 全 部 或 任 何 部 分 內 容 而 產 生 或 因 倚 賴 該 等 內 容 而 引 致 之 任 何 損 失 承 擔 任 何 責 任。 ...

[Corporate Information](index=2&type=section&id=Corporate%20Information) [Letter from the Board](index=5&type=section&id=Letter%20from%20the%20Board) [Review and Prospects](index=5&type=section&id=Letter%20from%20the%20Board_Review%20and%20Prospects) The Group's annual revenue grew significantly to HK$217.1 million, with net loss narrowing to HK$12.2 million Financial Highlights | Metric | FY2025 | FY2024 | Y-o-Y Change | | :--- | :--- | :--- | :--- | | **Revenue** | HK$217.1 million | HK$148.2 million | +46.5% | | **Net Loss** | HK$12.2 million | HK$22.6 million | -46.0% | - The increase in revenue was primarily attributable to a higher-than-expected demand for the company's products from an increase in construction works and projects in Hong Kong[13](index=13&type=chunk) - The company maintains a cautious outlook on the local Hong Kong market and will continue to pursue business opportunities in overseas markets[16](index=16&type=chunk)[19](index=19&type=chunk) [Management Discussion and Analysis](index=5&type=section&id=Management%20Discussion%20and%20Analysis) [Business Review](index=6&type=section&id=Business%20Review) The Group's core business of manufacturing and trading DTH rockdrilling tools constituted 98.1% of total revenue Revenue by Business Segment | Business Segment | Revenue Share (FY2025) | Revenue Share (FY2024) | | :--- | :--- | :--- | | Manufacturing and trading of DTH rockdrilling tools | 98.1% | 92.1% | | Trading of piling and drilling machines and rockdrilling equipment | 1.9% | 7.9% | Revenue by Geographical Market | Region | Revenue (FY2025) | Revenue (FY2024) | Revenue Share (FY2025) | | :--- | :--- | :--- | :--- | | Hong Kong | HK$196.3 million | HK$142.6 million | 90.4% | | China | HK$15.1 million | HK$0.6 million | 7.0% | | Macau | HK$1.7 million | HK$0.5 million | 0.8% | | Germany | HK$1.1 million | HK$1.5 million | 0.5% | | Scandinavia | HK$1.0 million | HK$1.5 million | 0.5% | [Financial Review](index=7&type=section&id=Financial%20Review) Revenue grew 46.5% to HK$217.1 million, while net loss narrowed significantly due to gains on financial assets Key Financial Metrics | Financial Metric | FY2025 | FY2024 | Y-o-Y Change | | :--- | :--- | :--- | :--- | | **Revenue** | HK$217.1 million | HK$148.2 million | +46.5% | | **Gross Profit** | HK$43.8 million | HK$34.1 million | +28.4% | | **Gross Profit Margin** | 20.2% | 23.0% | -2.8pp | | **Net Loss** | HK$12.2 million | HK$22.6 million | -46.0% | - Other income and losses shifted from a loss of HK$5.0 million last year to a gain of HK$5.3 million, mainly due to a **HK$7.0 million gain from changes in the fair value of financial assets** (compared to a HK$3.1 million loss last year)[34](index=34&type=chunk) - **Selling and distribution expenses** increased by 32.6% to HK$11.4 million, primarily due to higher freight and storage costs associated with increased revenue[37](index=37&type=chunk) - **Administrative expenses** rose by 12.7% to HK$45.3 million, mainly due to increased operating costs[38](index=38&type=chunk) [Strategy and Prospects](index=9&type=section&id=Strategy%20and%20Prospects) The Group remains cautious about the local business environment and will continue to focus on expanding its international presence - The business environment in Hong Kong remains stagnant due to an uncertain economic outlook, leading the Group to adopt a **cautious stance on local business prospects**[44](index=44&type=chunk)[45](index=45&type=chunk) - The Group will continue to explore international markets, expecting **increased revenue contributions from international customers** and actively seeking overseas business opportunities[44](index=44&type=chunk)[45](index=45&type=chunk) [Liquidity and Financial Resources](index=9&type=section&id=Liquidity%20and%20Financial%20Resources) The Group's gearing ratio improved significantly to 9.6%, supported by reduced borrowings and a new share placement Liquidity Position | Metric | As of Mar 31, 2025 | As of Mar 31, 2024 | | :--- | :--- | :--- | | **Cash and cash equivalents** | HK$42.2 million | HK$46.6 million | | **Bank and other borrowings** | HK$13.0 million | HK$23.0 million | | **Gearing ratio** | 9.6% | 21.9% | - In October 2024, the company raised **net proceeds of approximately HK$6.2 million** by placing 76,000,000 new shares at HK$0.085 per share to strengthen its financial position and for general working capital[65](index=65&type=chunk) [Employees and Remuneration Policies](index=12&type=section&id=Employees%20and%20Remuneration%20Policies) The Group's total number of employees increased to approximately 101 as of March 31, 2025 - The number of employees **increased from approximately 88** as of March 31, 2024, to **approximately 101** as of March 31, 2025[70](index=70&type=chunk) [Corporate Governance Report](index=12&type=section&id=Corporate%20Governance%20Report) [Board of Directors and Committees](index=14&type=section&id=Board%20of%20Directors%20and%20Committees) The company deviated from the corporate governance code by not separating the roles of Chairman and Chief Executive Officer - The company **did not comply with code provision C.2.1** of the Corporate Governance Code regarding the separation of the chairman and chief executive roles, with the chairman's functions being performed collectively by the executive directors[73](index=73&type=chunk)[74](index=74&type=chunk) Attendance of Directors | Director's Name | Board | Audit & Compliance Committee | Remuneration Committee | Nomination Committee | General Meeting | | :--- | :--- | :--- | :--- | :--- | :--- | | **Executive Directors** | | | | | | | Ms. Li Ka Lai | 10/10 | N/A | N/A | N/A | 1/1 | | Ms. Wu Lan Ying | 5/6 | N/A | N/A | N/A | 1/1 | | **Independent Non-executive Directors** | | | | | | | Mr. Cheung Sze Man | 7/10 | 3/3 | 1/1 | 2/2 | 1/1 | | Mr. Wong Siu Keung | 7/10 | 3/3 | 1/1 | 2/2 | 1/1 | | Mr. Yiu To Wa | 8/10 | 3/3 | 1/1 | 2/2 | 1/1 | [Risk Management and Internal Controls](index=26&type=section&id=Risk%20Management%20and%20Internal%20Controls) The Group's risk management and internal control systems were deemed effective, with internal audit functions outsourced - The Group has appointed an external independent professional, **BT Corporate Governance Limited (BTCGL)**, to perform the internal audit function and conduct an independent review of its risk management and internal control systems[149](index=149&type=chunk)[152](index=152&type=chunk) - Risk monitoring is conducted through a **"three-lines-of-defense"** corporate governance structure, executed by operational management, the finance team, and the external independent internal auditor[158](index=158&type=chunk) [Biographies of Directors and Senior Management](index=32&type=section&id=Biographies%20of%20Directors%20and%20Senior%20Management) [Directors' Report](index=35&type=section&id=Directors'%20Report) [Business and Financial Summary](index=36&type=section&id=Business%20and%20Financial%20Summary) The Board does not recommend a final dividend for the year ended March 31, 2025, citing key business risks - The Board **does not recommend the payment of a final dividend** for the year ended March 31, 2025[210](index=210&type=chunk) - Key risks and uncertainties faced by the Group include: - Over-concentration of customers and suppliers - Rising raw material prices and labor costs - Decrease in market demand - Failure to appoint a Chairman and a Chief Executive Officer[211](index=211&type=chunk) [Major Customers, Suppliers, and Connected Transactions](index=43&type=section&id=Major%20Customers,%20Suppliers,%20and%20Connected%20Transactions) The Group exhibits significant concentration risk with its top five customers and suppliers Concentration Ratios | Concentration Metric | FY2025 | FY2024 | | :--- | :--- | :--- | | **Revenue share from top five customers** | 56.4% | 55.2% | | **Purchase share from top five suppliers** | 80.9% | 89.2% | - The Group has ongoing property leasing agreements with a connected person, Top Champion Industries Limited, with related rental expenses of approximately **HK$0.828 million** for the year, which is exempt from full reporting requirements under Chapter 14A of the Listing Rules[271](index=271&type=chunk)[278](index=278&type=chunk)[279](index=279&type=chunk)[281](index=281&type=chunk) [Independent Auditor's Report](index=48&type=section&id=Independent%20Auditor's%20Report) [Audit Opinion and Key Audit Matters](index=49&type=section&id=Audit%20Opinion%20and%20Key%20Audit%20Matters) The auditor issued an unqualified opinion, highlighting the impairment assessment of trade receivables as a key audit matter - The auditor issued an **unqualified opinion**, concluding that the consolidated financial statements give a true and fair view of the Group's financial position[305](index=305&type=chunk) - The **impairment assessment of trade receivables** was identified as a key audit matter due to its material impact on the consolidated financial position and the subjective judgment and management estimates involved in the assessment[311](index=311&type=chunk) [Consolidated Financial Statements](index=55&type=section&id=Consolidated%20Financial%20Statements) [Consolidated Statement of Profit or Loss and Other Comprehensive Income](index=56&type=section&id=Consolidated%20Statement%20of%20Profit%20or%20Loss%20and%20Other%20Comprehensive%20Income) The Group reported a loss for the year of HK$12.2 million on revenue of HK$217.1 million Financial Performance | Item | FY2025 (HK$'000) | FY2024 (HK$'000) | | :--- | :--- | :--- | | **Revenue** | 217,074 | 148,231 | | **Gross Profit** | 43,826 | 34,146 | | **Loss before tax** | (11,949) | (21,328) | | **Loss for the year** | (12,204) | (22,561) | | **Loss attributable to owners of the Company** | (12,524) | (18,674) | | **Basic loss per share (HK cents)** | (3.04) | (4.91) | [Consolidated Statement of Financial Position](index=57&type=section&id=Consolidated%20Statement%20of%20Financial%20Position) The Group's total assets stood at HK$200.4 million, with net assets of HK$144.6 million as of March 31, 2025 Financial Position | Item | Mar 31, 2025 (HK$'000) | Mar 31, 2024 (HK$'000) | | :--- | :--- | :--- | | **Non-current assets** | 14,733 | 15,662 | | **Current assets** | 185,678 | 186,074 | | **Total assets** | 200,411 | 201,736 | | **Current liabilities** | 55,606 | 41,719 | | **Non-current liabilities** | 238 | 7,204 | | **Total liabilities** | 55,844 | 48,923 | | **Net assets** | 144,567 | 152,813 | | **Equity attributable to owners of the Company** | 115,233 | 122,707 | [Consolidated Statement of Cash Flows](index=60&type=section&id=Consolidated%20Statement%20of%20Cash%20Flows) The Group generated a net cash inflow of HK$11.5 million from operating activities, a significant turnaround from the prior year Cash Flow Summary | Item | FY2025 (HK$'000) | FY2024 (HK$'000) | | :--- | :--- | :--- | | **Net cash from operating activities** | 11,454 | (7,981) | | **Net cash (used in)/from investing activities** | (6,254) | 297 | | **Net cash used in financing activities** | (7,487) | (9,004) | | **Net decrease in cash and cash equivalents** | (2,287) | (16,688) | | **Cash and cash equivalents at end of year** | 42,174 | 46,616 | [Financial Summary](index=148&type=section&id=Financial%20Summary) Five-Year Financial Summary | Metric (HK$'000) | 2025 | 2024 | 2023 | 2022 | 2021 | | :--- | :--- | :--- | :--- | :--- | :--- | | **Revenue** | 217,074 | 148,231 | 157,048 | 141,748 | 106,693 | | **Loss for the year** | (12,204) | (22,561) | (3,576) | (1,475) | (6,537) | | **Total assets** | 200,411 | 201,736 | 231,105 | 232,796 | 239,093 | | **Net assets** | 144,567 | 152,813 | 177,869 | 186,305 | 185,986 | [Definitions](index=149&type=section&id=Definitions)

香 港 交 易 及 結 算 所 有 限 公 司 及 香 港 聯 合 交 易 所 有 限 公 司 對 本 公 告 之 內 容 概 不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示 概 不 對 因 本 公 告 全 部 或 任 何 部 分 內 容 而 產 生 或 因 倚 賴 該 等 內 容 而 引 致 之 任 何 損 失 承 擔 任 何 責 任。 | | | | | | | | | | | | | | | | | 二 | 零 | 二 五 | 二 | 零 | 二 四 年 | | | | | | 年 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | | | | | | | | | | | 附 | | | 千 港 | | | 千 港 元 | | | | | 註 ...

Yuk Wing Group Holdings Limited 煜 榮 集 團 控 股 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：1536） 董事名單與其角色和職能 煜榮集團控股有限公司董事（「董事」）會（「董事會」）成員載列如下： 執行董事 李嘉麗女士 胡蘭英女士 （行政總裁） 獨立非執行董事 張詩敏先生 黃兆強先生 姚道華先生 董事會設有三個委員會。下表提供各董事會成員所屬委員會中所擔任職務之信息。 | 董事 | 董事委員會 | | | | --- | --- | --- | --- | | | 審核及合規委員會 薪酬委員會 | | 提名委員會 | | 張詩敏先生 | M | C | C | | 黃兆強先生 | C | M | M | | 姚道華先生 | M | M | M | | 李嘉麗女士 | | | M | 附註： C: 相關委員會之主席 M: 相關委員會之成員 香港，二零二五年六月三十日 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準確性或完整 性亦不發表任何聲明，並明確表示概不對因本公告全部或任何部分內容而產生或因倚賴該等內容而引 致之任何損失承擔任何責任。 Yuk Wing Group Holdings Limited 煜 榮 集 團 控 股 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：1536） 董事會會議通告 李嘉麗 香港，二零二五年六月十三日 於本公告日期，執行董事為李嘉麗女士及胡蘭英女士；及獨立非執行董事為張詩敏先生、黃 兆強先生及姚道華先生。 本公告之中英文本如有歧義，概以英文本為準。 煜榮集團控股有限公司(「本公司」) 之董事會 (「董事會」) 謹此宣佈，董事會將於二零二五 年六月三十日（星期一）舉行董事會會議，藉以（其中包括）考慮及批准本公司及其附屬公 司截至二零二五年三月三十一日止年度之年度業績，以及考慮派發末期股息（如有）。 承董事會命 煜榮集團控股有限公司 執行董事 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準確性或完整 性亦不發表任何聲明，並明確表示概不對因本公告全部或任何部分內容而產生或因倚賴該等內容而引 致之任何損失承擔任何責任。 鄺先生為香港公司治理公會會員及香港會計師公會資深會員。鄺先生於香港上市公司之公司 秘書、會計、審計及財務方面擁有豐富工作經驗。此外，鄺先生持有香港中文大學工商管理 碩士學位。 Yuk Wing Group Holdings Limited 煜 榮 集 團 控 股 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：1536） 變更公司秘書、授權代表及法律程序文件代理人 董事會欣然宣佈，鄺振忠先生（「鄺先生」）將獲委任為本公司的公司秘書、授權代表及法 律程式檔代理人，自二零二五年五月一日起生效。 1 董事會謹此機會感謝蔡女士於任期內對本公司的寶貴貢獻，並熱烈歡迎鄺先生加入本公司。 承董事會命 煜榮集團控股有限公司（「本公司」）董事（「董事」）會（「董事會」）宣佈，蔡綺雯女 士（「蔡女士」）已辭任本公司之公司秘書（「公司秘書」）、根據香港聯合交易所有限公 司（「聯交所」）證券上市規則第 3.05 條 ...

YUK WING GROUP HOLDINGS LIMITED 煜榮集團控股有限公司 (Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立之有限公司） If you for any reason have difficulty in receiving email notification or gaining access to the Website Version of the Corporate Communications and would like to receive the Current Corporate Communication and all future Corporate Communications (Note 2) in printed form, please complete, sign the enclosed Request Form and return it to the Company Branch share registrar in Hong Kong, Tricor ...

YUK WING GROUP HOLDINGS LIMITED 煜榮集團控股有限公司 (Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立之有限公司） It is the responsibility of registered shareholders to provide a functional email address. If you have not provided your email address to the Company or need to update your email address, the Company recommends you to provide your email address by completing, signing the enclosed Reply Form and returning to the Branch Share Registrar at the above-mentioned address by post or by email to 15 ...

Financial Performance - For the six months ended September 30, 2024, the company reported revenue of HKD 104,620,000, an increase from HKD 67,139,000 in the same period last year, representing a growth of approximately 55.7%[1] - Gross profit for the same period was HKD 25,034,000, compared to HKD 16,494,000 in the previous year, indicating a year-over-year increase of about 51.6%[1] - The company recorded a net profit of HKD 6,264,000 for the six months ended September 30, 2024, recovering from a loss of HKD 6,972,000 in the same period last year[1] - Total comprehensive income for the period was HKD 7,032,000, down from HKD 9,974,000 in the previous year, reflecting a decrease of approximately 29.5%[4] - Basic earnings per share for the period was HKD 1.33, compared to a loss per share of HKD 1.46 in the same period last year[6] - The group reported revenue of HKD 104,620,000 for the six months ended September 30, 2024, compared to HKD 67,139,000 for the same period in 2023, representing a growth of approximately 56%[19] - The group achieved a segment profit of HKD 25,034,000 for the six months ended September 30, 2024, compared to HKD 16,494,000 for the same period in 2023, indicating an increase of approximately 51%[19] - The pre-tax profit for the six months ended September 30, 2024, was HKD 79,586,000, compared to HKD 50,645,000 for the same period in 2023, reflecting an increase of approximately 56.9%[28] - The group’s net profit for the reporting period was approximately HKD 6.3 million, compared to a net loss of approximately HKD 7.0 million in the previous period[50] Revenue Sources - Revenue from the manufacturing and trading of rock drilling tools was HKD 102,949,000, while revenue from the trading of rock drilling equipment was HKD 1,671,000[17] - Revenue from external customers for the six months ended September 30, 2024, was HKD 104,620,000, compared to HKD 67,139,000 for the same period in 2023, representing a growth of approximately 55.7%[22] - The revenue generated in Hong Kong during the reporting period was approximately HKD 95.0 million, accounting for about 90.8% of total revenue[41] - The revenue from the Macau market increased to approximately HKD 1.2 million, representing about 1.2% of total revenue[41] - The manufacturing and trading of down-the-hole drilling tools accounted for approximately 98.4% of total revenue during the reporting period[42] Expenses and Costs - Administrative expenses for the period were HKD 18,094,000, compared to HKD 17,894,000 in the previous year, showing a slight increase[1] - Sales and distribution expenses increased by approximately HKD 2.1 million or 54.3% to about HKD 6.1 million due to increased business activities[47] - Administrative expenses rose by approximately HKD 0.2 million or 1.1% to about HKD 18.1 million, mainly due to increased rental and maintenance costs[49] - The total finance costs for the six months ended September 30, 2024, were HKD 691,000, compared to HKD 864,000 for the same period in 2023, indicating a decrease of approximately 20%[26] Assets and Liabilities - The company's total assets as of September 30, 2024, were HKD 165,884,000, an increase from HKD 160,017,000 as of March 31, 2024[8] - The net value of current assets was HKD 151,652,000, compared to HKD 144,355,000 in the previous reporting period[8] - Trade receivables as of September 30, 2024, totaled HKD 44,728,000, a decrease from HKD 53,284,000 as of March 31, 2024, indicating improved collection efficiency[36] - The company’s total liabilities decreased from HKD 864,000,000 in the previous year to HKD 691,000,000, showing a reduction of approximately 20%[26] - The asset-to-liability ratio decreased to approximately 13.4% as of September 30, 2024, down from 21.9% as of March 31, 2024, primarily due to a reduction in bank borrowings[56] Future Outlook - The company has not disclosed specific future outlook or guidance in the provided content[1] - The company anticipates continued growth in revenue and profitability driven by its core business operations in rock drilling tools and equipment[19] - The group maintains a cautiously optimistic outlook for the construction market and its business in Hong Kong and internationally[52] - The group plans to continue capturing opportunities in the Hong Kong, Macau, and overseas markets[52] Corporate Governance and Compliance - The company maintains a high level of corporate governance to enhance shareholder value and protect their interests[74] - The Audit and Compliance Committee has reviewed the unaudited condensed consolidated financial statements for the reporting period and believes that the company has adopted appropriate accounting policies[79] - The Audit and Compliance Committee consists of three members, all of whom are independent non-executive directors[79] Share Capital and Dividends - The issued share capital of the company was HKD 38 million as of September 30, 2024, with a total of 380 million ordinary shares issued[57] - Following the completion of a placement on October 30, 2024, the total number of ordinary shares increased to 456 million[57] - The company did not recommend an interim dividend for the six months ended September 30, 2024, consistent with the previous year[33] - The board does not recommend the distribution of an interim dividend for the reporting period[72] Employment and Workforce - As of September 30, 2024, the group employed 91 employees, an increase from 87 employees as of September 30, 2023[71] Financial Position - The group maintained a satisfactory financial and liquidity position, ensuring sufficient funds to meet working capital requirements[61] - The company had no major investments, acquisitions, or disposals during the reporting period[65] - The company reported no significant contingent liabilities as of September 30, 2024[62] - The net proceeds from the placement completed on October 30, 2024, amounted to approximately HKD 6.14 million after deducting related costs[69] - The company's legal share capital was approved to increase from HKD 50 million to HKD 2 billion on November 15, 2024[70]

於二零二四年十一月十五日舉行之 股東特別大會投票結果 茲提述煜榮集團控股有限公司（「本公司」）日期為二零二四年十月二十九日的通函 （「通函」），當中載有股東特別大會通告（「股東特別大會通告」），內容有關配售事 項。除文義另有所指，本公告所用詞彙與通函內所界定者具有相同涵義。 股東特別大會投票結果 香 港 交 易 及 結 算 所 有 限 公 司 及 香 港 聯 合 交 易 所 有 限 公 司 對 本 公 告 的 內 容 概 不 負 責，對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或 任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 由於超過50 %之票數投票贊成上述決議案，故該決議案獲正式通過為本公司普通 決議案。 於股東特別大會日期，已發行股份總數為456,000,000股，即賦予股東權利出席股 東特別大會並於會上就決議案投票的股份總數。根據上市規則第13.40條，概無股 份賦予股東權利出席股東特別大會並須於會上就決議案放棄投贊成票。概無股東 須根據上市規則之規定於股東特別大會上就決議案放棄投票。概無任何人士於通 函中表示有意於股東特別大會上就上述決議案投反對票或放棄投票。 ...